Explore The Principle Of Change Of Circumstances

Principle of changed circumstances is one of the most critical principle of contract law in civil law countries. From it came into being, civil law countries have disputed on it and will continue. Principle of changed circumstances is the challenge to principle of abidance to contract, it can eliminate unfair results of changed circumstances during performance of the contract ?It embodies the good faith principle. In the contemporary era, the circumstances of politics and economy changed quickly, the principle is becoming more and more appealing to many countries.The present Chinese contract law failed to stipulate principle of changed circumstances for some reasons. At he beginning of 2003, the draft of Chinese civil law promulgates, the principle is paid attention again. The purpose of this thesis is to clarify the importance and feasibility of legislation of principle of changed circumstances in china through analysis and comment on both theoretical research, legislation and judicature of this principle in main countries . At the same time, author brings forward the suggestions of legislation and hope this thesis will be beneficial to Chinese future legislation.